Commercial / residential building property "Panos", Novi Vinodolski, Adriatic coast, Croatia

Building property "Panos" is located 1.5 km north-west from the center and the old town of Novi Vinodolski, 42 km south-east of Rijeka. It is just above five-star "Resort Novi" and mostly summer homes residential area.

There are 2 lots of total over 15.000 m2. One lot is some 250 m and the other is 350 m from the sea. The first lot has rectangular shape, 77m X 100m, and has an area of 7.736 m2. It borders with the coastal road by it's shorter side. The other lot is square, 77m X 77m, plus 15m X 100m extension down to the coastal road. Total area of the second lot is 7.500 m2.

Both lots are on a very slight sunny slope and offer magnificent views over the sea, island Krk and mountain Velebit chain.

The area is designated for commercial and residential development.

Commercial projects fall within following categories: hotels, motels, restaurants, retail, petrol stations, offices,....

Local community is owner of some lots within the same zone.
They estimated the value of the land at EURO 200 – 225 per sq.m.

Having in mind that

-during the year 2013 Croatia is expected to join European Union and

-by the end 2012/beginning 2013 new tourist harbour - "Marina Novi Vinodolski" should be put in operation

this is an excellent investment opportunity.

"Resort Novi" can be seen at the lower part of the photo.

Above the resort is residential area.

The property "Panos" is within green area, center-left on the photo.

Tourist harbour - "Marina Novi Vinodolski" which should be put in operation by the end 2012/beginning 2013.